DID JAMES PATRICK CHIARO CAUSE YOU INVESTMENT LOSSES?
James Chiaro Of LPL Financial And Formerly With Citizens Securities Has 2 Customer Complaints For Alleged Broker Misconduct
Who is James Chiaro of LPL Financial?
James Chiaro (CRD #4866429) who is currently registered with LPL Financial and located in Forty Fort, Pennsylvania is a subject of one of our many securities industry sales practice abuse investigations. Prior to LPL Financial, James Chiaro was associated with Citizens Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
James Chiaro Customer Complaints
James Chiaro has been the subject of 2 customer complaints that we know about, which was filed in the last year to recover investment losses. One of James Chiaro’s customer complaints was denied and, to date, the customer has not taken any further action. There is currently one pending customer complaint filed against LPL Financial for investment losses caused by James Chiaro’s alleged misconduct.
Allegations Against James Chiaro
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Customer alleged that sales of ETF’s on March 20, 2020 were unauthorized, and that account was mismanaged thereafter allegedly by James Chiaro.
- Customer alleged that James Chiaro did not execute trades in customer’s account at the time he said he would, causing losses.
James Chiaro Red Flags & Your Rights As An Investor
Of course, James Chiaro did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of James Chiaro at LPL Financial and Citizens Securities on alert to review carefully the activity and performance of their accounts and question whether James Chiaro has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial and Citizens Securities also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim To Recover Your Investment Losses At LPL Financial Due To James Chiaro
If you have questions about LPL Financial, Citizens Securities, and/or James Chiaro and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.